China Eastern’s 2018 net profit down 57% as capacity slows

Credit: Rob Finlayson

China Eastern Airlines posted a 2018 net profit of CNY2.71 billion ($394 million), down 57.4% compared to CNY6.35 billion achieved in 2017. Total revenue for the year was CNY114 billion, up 13% year-over-year (YOY). Operating expenses for the year were CNY102.4 billion up 13.43% YOY, compared to...

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